What are your thoughts on the Kung Flu?

[jmez]

What science are they denying? The plan all along was to flatten the curve. Science shows the curve to be flattened.

 

[*zap*]

Actually, as a state the curve is going up but that is from 2 counties with meat processing plants.....exclude them and we are pretty good with KC the worst by far. I am just west of KC by one county and we have right around 50 cases here. My business is just starting to pick up a bit....I have a dry rot/entry door job to look @ this afternoon. Picked up a days exterior painting yesterday while spraying a lawn and pulling weeds in ground cover beds for one account. Hopefully this turns around quickly for everyone who has been adversely effected and folks stay safe from the virus.

 

[BuzzH]

Still working for Ted Turner Buzz?

You tell me...

 

[slatebuilder]

The narrative has been established. This will now become highly politicized beyond our wildest dreams.

The lines are being drawn sharply in the sand, on one side all the elite thinkers will cite science, data, academic research, and news reports of facts telling the rest of us how to think.

EDIT: The smart people and elite thinkers will double down on their data even after its shown to be wrong by telling everyone that they weren’t really wrong.

The other side will not show the proper fear. They remember all the times that smart people and elite thinkers have used science, data, and research in the past to feed them a line of . They just want to get on with their deplorable insignificant lives, mostly trying to go to work, pay their bills, and raises their families.

 

[WV Mountaineer]

What paper loss? The market is at 24k. There is no loss as of yet, not enough to matter anyway.

For me I never lose anything. In 2008 I put everything in the G fund until the market bottomed out, bought C all the way down, moved the main fund all into C and rode the wave up to the top. When Wuhan locked down I put everything back in G.

I'm lucky having access to TSP, but there are countless ways to safeguard your IRA. If people aren't knowledgeable enough to do that then that is on them.

As of today there has been no real income or paper loss anywhere in the US. To speak otherwise is just completely inaccurate. In the future it may happen, but as of today it hasn't.

I'll retire a millionaire because I live within my means, I pay myself first, and I'm not stupid. Thanks for the projection though...

Like I said before the real kick in the nuts hasn’t even began. Especially if you were looking to retire in the next couple years. Also, let the free handouts run out and see where investment confidence goes.


The one thing about all this is there are no positives. And, it’s beyond naive to assume there will be such little financial fallout over this politicized mess.

 

[BuzzH]

Like I said before the real kick in the nuts hasn’t even began. Especially if you were looking to retire in the next couple years. Also, let the free handouts run out and see where investment confidence goes.


The one thing about all this is there are no positives. And, it’s beyond naive to assume there will be such little financial fallout over this politicized mess.

Financial planning or lack-there-of isn't anyone's problem but their own.

Anyone that was still splashing around in high risk stuff and within a couple years of retiring, that's their fault.

Anyone with a timeline of retiring that's past 3-4 years has no reason to worry.

Risk in the market isn't called risk for nothing, if you don't have the stomach for it, stay on the porch.

 

[Kilboars]

Our two biggest hospitals in Palm Beach county only have 11 corona virus patients with entire floors set up for this pandemic.

Is this thing being blown out of proportion by the media?

 

[Mosster47]

Like I said before the real kick in the nuts hasn’t even began. Especially if you were looking to retire in the next couple years. Also, let the free handouts run out and see where investment confidence goes.


The one thing about all this is there are no positives. And, it’s beyond naive to assume there will be such little financial fallout over this politicized mess.

And that's fine, most will agree in one way or another. The talk from the overly conservative side of the camp is that the economy has already crashed. That is completely inaccurate and future projections are just that. That same camp scoffs at COVID projections by experts and stand rock solid on their own economic projections. Do with that what you want.

I'm not a conservative or a liberal. I'm just a guy that wants our world leader to be someone that grew up with the internet.

 

[Oregon]

After 4000k posts, I decided to give you my thoughts on the Kung Flu.
Thought 1. Tired of this shit.
Thought 2. Tired of hearing about this shit.
Thought 3. Really tired of this shit.

I feel better. Carry on.

 

[MattB]

What paper loss? The market is at 24k. There is no loss as of yet, not enough to matter anyway.

DJI is at 24.2K today but was at 29.6K 2.5 months ago. That is an 18% decline.

 

[blueyceman]

The narrative has been established. This will now become highly politicized beyond our wildest dreams.

The lines are being drawn sharply in the sand, on one side all the elite thinkers will cite science, data, academic research, and news reports of facts telling the rest of us how to think.

EDIT: The smart people and elite thinkers will double down on their data even after its shown to be wrong by telling everyone that they weren’t really wrong.

The other side will not show the proper fear. They remember all the times that smart people and elite thinkers have used science, data, and research in the past to feed them a line of . They just want to get on with their deplorable insignificant lives, mostly trying to go to work, pay their bills, and raises their families.

It's too bad that scientific findings in some parts of the country have gotten lumped in with the 'elite' and 'the narrative'. Scientists are objective specialists that spend a lot of time carefully researching, training, and coming to logical conclusions based on data.

Our country's inability to trust our own scientists is to our own hindrance in fighting the virus and its economic impacts.

 

[WV Mountaineer]

Financial planning or lack-there-of isn't anyone's problem but their own.

Anyone that was still splashing around in high risk stuff and within a couple years of retiring, that's their fault.

Anyone with a timeline of retiring that's past 3-4 years has no reason to worry.

Risk in the market isn't called risk for nothing, if you don't have the stomach for it, stay on the porch.

How long did it take after 2008 to gain back losses? It wasn’t just high risk that did bad. No One made any real money before trumps election regardless of what risk percentage your investments were. I’m no genius but, the ramifications of this is just as, if not as severe.

 

[WV Mountaineer]

DJI is at 24.2K today but was at 29.6K 2.5 months ago. That is an 18% decline.

Yes sir. Pretty dang substantial

 

[30338]

Financial planning or lack-there-of isn't anyone's problem but their own.

Anyone that was still splashing around in high risk stuff and within a couple years of retiring, that's their fault.

Anyone with a timeline of retiring that's past 3-4 years has no reason to worry.

Risk in the market isn't called risk for nothing, if you don't have the stomach for it, stay on the porch.

Buzz, Have to agree here. Those states, unions and cities that made risky investments trying to make up ground on their underfunded pensions get no sympathy from me. Let the pensions get cut back to reality if their investment choices were bad.

Hopefully those underfunded pensions can get cut back when the states and cities go bankrupt.

 

[ODB]

DJI is at 24.2K today but was at 29.6K 2.5 months ago. That is an 18% decline.

On March 23 it was 18,600. If its 24,200 today, that’s about +30%. Not bad in the middle of a pandemic.

 

[WV Mountaineer]

On March 23 it was 18,600. If its 24,200 today, that’s about +30%. Not bad in the middle of a pandemic.

I wander where it’d be without that stimulus plan? Artificial inflation of markets shouldn’t be considered stable.


Let’s see where we are in the fall. If I’m wrong, I’ll say as much.

 

[eamyrick]

Just got tested for antibodies. Negative. Like I mentioned before I have worked the entire time and had exposure to probably 20-50 people a day. Doesn’t seem that contagious.

 

[Dos Perros]

I don’t know how the KS gov can set out objectives to reopen and then completely fail them and still reopen. Whatever though. The mob may have won this time, for better or for worse.

 

[timmymac24]

As I stated about a 100 pages ago media distancing may be our friend. Who the hell can you believe from day to day? You can get the feeling from people that the glass is half full or half empty be it talking to someone in person or just following the posts in this thread. Be safe and stay healthy folks.

 

[rtaylor]

It's too bad that scientific findings in some parts of the country have gotten lumped in with the 'elite' and 'the narrative'. Scientists are objective specialists that spend a lot of time carefully researching, training, and coming to logical conclusions based on data.

Our country's inability to trust our own scientists is to our own hindrance in fighting the virus and its economic impacts.

It would be nice to be able to trust our scientists but they have been corrupted like everyone else. All you have to do is follow the money. Where do many scientists get their funding? Federal grants. Say what we want to push our political agenda or we'll cut funding.